Walter,
Correction from Yahoo post.
" >Mag -
>Did Cal actually tell you that NO new OEMs would be forthcoming >until 1st half 99 ? I
find it odd that he would state such a >thing.
no,no,no,no! I had earlier (last several months) been under the incorrect impression(and
had relayed same to board) that a "majority" of OEM's would be announcing by the end
of 98.
Today, Cal corrected me. He was in no means negative and in fact said "now you
understand that we had many things going on that we couldn't speak about". He is clearly
excited about future prospects.
BUT, I think that I may have had an unrealistic expectation of a LOT of OEM's coming
forward yr98. Instead, he painted a more realistic longer term outlook into 1st half 99.
This would not be the first time that their timing and in fact everyone elses in the FC
market, was too optimistic (as well as my own!).
This was not meant to be cold water on our chances... quite the contrary, but it may still
be 99 before we see a BIG spike up.
I also think that Cal is considerably more circumspect than Ken in making anything that
could be construed as a forward looking statement :-)
He also said that the interop was a BLOWOUT success and that he was having one FC
company after another call and congratulate him for stealing the show (despite that he did
not attend himself) <--- this was as a result of the 8-port switch announcement, which
they(ANCR) view as a major coup.
Sorry for any ambiguity in my earlier post, I hope this clears that up. For the record, I am
wayyyy bullish and buying big time under $5.
Mark <><
Also, it's $7 million DOLLARS as opposed to 7 million SHARES "
My Thoughts
Remember also that Cal is not counting the short position in the
7 million dollars. The short position could account for as much
as 4 million dollars worth (that means about 3 million left). A case could also be made for some of
the preferred holders staying long at this point. What they have left
is pure profits and they may want to let it run.
Cal also said the majority of OEMs in 1st half of 99, this does not
mean that there are not 3 or 4 OEMs that will be deciding in 98.
Cal could not comment on some of these because of NDA.
Tom |
